SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, demobilization, and life extension of floating production storage and offloading (FPSO) vessels. The company also operates catenary anchor leg mooring (CALM), a single point mooring (SPM) system terminal; tension leg floaters, turret mooring systems, floating offshore wind, and brownfield and offshore loading terminals; and floating energy hubs. In addition, it owns and operates a fleet of 14 FPSOs and 1 semi-submersible unit, as well as offers offshore technologies development and digital services. The company was formerly known as IHC Caland and changed its name to SBM Offshore N.V. in 2005. SBM Offshore N.V. was founded in 1862 and is headquartered in Schiphol, the Netherlands.
Dutch Market Performance
7D7 Days: -0.8%
3M3 Months: 0.2%
1Y1 Year: 0.6%
YTDYear to Date: 2.2%
The market has been flat in the last week, however the Industrials sector is down 3.9%. In line with that, the market has also been flat over the past year. As for the next few years, earnings are expected to grow by 8.6% per annum. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.